Group Renault reported its Q3 results, as it was informed in the press release of Oct. 23.
In particular, the revenues reached €10,374 million (-8.2%) in the quarter. At constant exchange rates and perimeter, the decrease would have been -3.2%. The sales gain 806,320 vehicles in the third quarter, down 6.1%.
September showed a positive momentum, particularly marked in Europe, where Group’s sales were up 8% in a market up 3%. With ZOE sales up more than 150% in the third quarter, the Group is on track to meet its CAFE targets for 2020.
High level order book at September 30, 2020, up 60% while inventories are at a low point after a 22% decline compared to September 30, 2019.
Renault Group (Renault) is a French automobile Corporation. The company's headquarters are located in Boulogne-Billancourt, near Paris. Currently, Renault cars are delivered to more than a hundred countries around the world.
In 1970, the government of the USSR concluded an agreement with the French concern on the development of the automobile industry. By 1980, about a quarter of Soviet cars were produced using Renault technology.
